Account Manager - Commercial Lines

Client is seeking a licensed Executive Account Executive with extensive experience in Commercial lines of insurance to join our dynamic team. The Executive Account Executive will play a pivotal role by maintaining large existing books of business upwards of $8million in Premium by cultivating strong relationships with clients, driving business growth, and ensuring the delivery of comprehensive insurance solutions that meet the unique needs of our clients.

Position Overview:

The Executive Account Executive will play a pivotal role in establishing and expanding the organization. This executive will drive strategic initiatives, build a high-performing team, and establish a robust market presence. The ideal candidate will bring a deep understanding of commercial insurance, exceptional leadership skills, and a track record of successfully launching and growing new business units.

• Develop and execute strategic plans to achieve sales targets and revenue goals within the Commercial Lines segment.
• Cultivate and maintain strong, long-lasting relationships with clients, including business owners, executives, and key stakeholders.
• Serve as the primary point of contact for clients, providing expert guidance and support on insurance products, coverage options, and risk management strategies.
• Conduct thorough assessments of clients' insurance needs and exposures, and recommend appropriate insurance solutions to mitigate risks and protect assets.
• Manage large existing books of business, including renewal processes, policy changes, and claims management, to ensure ongoing satisfaction and retention.
• Lead marketing efforts to promote new insurance products and initiatives, leveraging technical knowledge and market insights to identify opportunities and drive growth.
• Collaborate closely with underwriters, actuaries, and other internal stakeholders to negotiate terms, pricing, and coverage enhancements on behalf of clients.
• Prepare and present proposals, quotes, and presentations to clients, highlighting the value proposition of our insurance solutions.
• Stay abreast of industry trends, market conditions, and regulatory changes affecting the Commercial Lines insurance landscape, and proactively advise clients on relevant developments.
• Monitor and manage client accounts, including renewal processes, policy changes, and claims management, to ensure ongoing satisfaction and retention.
• Act as a mentor and subject matter expert for junior team members, providing guidance, training, and support as needed.

Qualifications:

• Active insurance Property and Causality licenses and relevant industry certifications (e.g., CIC, CPCU) preferred.
• Minimum of 5 years of experience in Commercial Lines insurance, with a proven track record of success in and account management.
• Strong technical knowledge of various Commercial Lines products, including Property & Casualty, General Liability, Workers' Compensation, and Commercial Auto, among others.
• Excellent communication and interpersonal skills, with the ability to effectively engage and influence clients at all levels of an organization.
• Demonstrated ability to work independently, prioritize tasks, and manage multiple client accounts simultaneously.

Benefits:

· Paterson ,NJ- Hybrid- in office 3 days a week

· Base Salary $80,000-$120,000

· 100% Employer Paid benefits (free)

· Bonuses, Commission, Profit Sharing

· Retirement savings plan with 5% fully vested employer match

· Internal Growth opportunities

Job Type: Full-time

Pay: $80,000.00 - $115,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Supplemental Pay:

• Bonus opportunities
• Commission pay

Work Location: In person

Salary : $80,000 - $120,000